In your opinion, what are the outstanding advantages of VBSP compared to large enterprises, especially in the context of market fluctuations?
- Foreign investors have 3 advantages over large enterprises when the market has many fluctuations as at present. First, flexibility - quick adaptation: compact scale, low management levels help innovate products, markets, and sales channels quickly when needed for change. Second, linking localities - localizing costs: The network of suppliers, workers, and customers locally helps optimize costs and logistics risks. Third, micro-innovation - rapid testing. Enterprises can experiment with many "test - error - learn" models in digitalization, e-commerce, small-scale green economy, low risk.
Currently, what difficulties and barriers are employees facing in the development process, sir?
- Currently, the scale of small and medium-sized enterprises is still very small and segmented, in which enterprises only account for about 1.6% of total SME, most of which are small and micro, vulnerable to shocks. Although SME is a credit priority sector, access to capital is still not commensurate. In particular, procedures, business conditions, and hidden costs are still burdens that need to be substantially reduced in the spirit of the new reform.
The labor productivity gap, R&D investment level of employees are low, lacking technical human resources and digital skills. Value chain linkages are still weak, the number of SME participating deeply in the global chain is still very low; the capacity to meet quality standards, deliver goods, and sustainable compliance is lacking.
In the current context, many employees have realized that green transformation and digital transformation are necessary but lack capital and measurement capacity (ESG, CBT/CBAM, data governance), so the transformation speed is not uniform.
Which State policies need to be prioritized to support employees in properly promoting their core role in the private sector?
- In order for employees to properly promote their "nclear" role in the private sector, in my opinion, it is necessary to focus on "sharpening" policy groups. These include institutional reform, with the goal of cutting at least 30% of obstacles and procedures, strongly shifting to post-digitalization and risk transparency mechanisms; Expanding SME credit guarantees, co-financing machinery investment, digitalization and green transformation, directing SME capital flows to improve productivity instead of focusing only on mobile capital; It is necessary to implement a "green - digital" package according to international standards, including corporate income tax incentives with conditions for ESG, CBAM, LCA, ISO certification costs, energy-saving investment, along with carbon auditing support for exporting enterprises, to help employees quickly catch up with global standards.
In addition, there is a program to develop suppliers, establish counterpart funds between the State - MNEs - localities for on-site training, upgrade standards associated with minimum procurement contracts, thereby reducing investment risks for employees; Build a data and market ecosystem, including national supplier data floors, invoices - digital books integrated with a tax declaration - payment - refund system, and a public - private trade portal connecting employees to public procurement, retail and e-commerce; Focus on human resources and governance, with a policy of ordering "cation- saize" vocational training, training credits with tax deductions, along with a 1 - 1 management consulting program for businesses in the growth stage...
Sincerely thank you!
